Currently, freight has decreased, but inflation continues to rise, reducing import demand. Consequently, Vietnam's tuna exports to major markets in September have slowed down. The US continues to be the largest tuna importer with sales in September reaching over US$31 million, up 33% over the same period in 2021, 14% lower than August.
Exports to the CPTPP market in September continued to increase by 95% over the same period, reaching nearly 11 million USD, but 32% lower than the previous month. Exports to Israel, and Saudi Arabia are also slowing down, 24% and 577% higher in comparison to the same period 2021 but 35% and 44% lower than in August.
Meanwhile, exports to the EU in September reached nearly 18 million USD, up 64% over the same period. This number is 27% higher than the previous August. This year, due to high sea freight costs, EU canners are reluctant to ship their goods through the port of Rotterdam in the Netherlands, which will add to the cost of their CFR bills. Therefore, Vietnam's tuna exports to EU markets such as Belgium and Germany tend to increase sharply. In September, tuna exports to Belgium increased by 199%, while Germany increased by 48% over the same period last year.
Vietnam's tuna exports are expected to reach 1 billion USD in 2022
As of the end of September, Vietnam's exports of tuna products continued to increase over the same period, except for fresh, frozen and dried tuna HS code 03 (excluding frozen tuna meat/loin). Although the growth rate has slowed down compared to previous months, Vietnam's exports of frozen tuna meat/loin HScode 0304 are still high. In the first 9 months of 2022, the export value of this product group increased by 99% over the same period. Exports of canned tuna increased by 6% and other processed tuna by 18%.
Among tuna exporting enterprises, Dragon Waves, Bidifisco and Havuco are the three largest tuna exporters, accounting for 25% of the total tuna export turnover in the first 9 months of 2022.
With the positive results in the past 9 months, Vietnam's tuna exports will soon reach a peak of 1 billion USD.
|
Top 10 largest Vietnam tuna exporter, Jan- Sep 2022 |
|
|
Enterprises |
Proportion (%) |
|
Dragon Waves |
9 |
|
Bidifisco |
9 |
|
Havuco |
7 |
|
Tithico |
6 |
|
Highland Dragon |
6 |
|
Yueh Chyang Co |
6 |
|
Tuna Vietnam |
6 |
|
Mariso Vietnam |
5 |
|
An Hai Fishery Co., Ltd |
5 |
|
Pattaya Vietnam |
4 |
Compiled by Thuy Linh
(seafood.vasep.com.vn) The year 2026 marks a period of strong growth for Vietnam’s tilapia industry, but it is also a time when international export competition is becoming increasingly intense. Vietnam’s tilapia exports reached USD 99 million in 2025, up 140% compared to the previous year. In the first four months of 2026 alone, export value reached USD 49 million, a 151% increase year-on-year. As global demand for affordable whitefish continues to rise, Vietnam is emerging as a noteworthy competitor to traditional tilapia powerhouses such as China, Indonesia, Brazil, and Egypt.
(seafood.vasep.com.vn) With continued policy support, technological innovation and close coordination among authorities, businesses and farmers, Vietnam’s pangasius industry is expected to make a strong and sustainable breakthrough during the 2026–2030 period, reinforcing its position as the world’s leading exporter of the fish.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s tilapia exports to Asian markets showed varying trends across regions and countries. The Middle East recorded strong growth, with Saudi Arabia emerging as the largest Asian market for Vietnamese tilapia. ASEAN markets also expanded significantly, driven primarily by Malaysia. Meanwhile, Japan maintained solid growth, while exports to South Korea declined compared to the same period in 2025.
(seafood.vasep.com.vn) Shrimp and pangasius continued to lead growth, helping seafood exports reach $4.67 billion in the first five months of the year; however, differentiation among product groups and increasingly stringent requirements from importing markets are posing many challenges for the industry.
(seafood.vasep.com.vn) Every day, the seafood processing industry in Ca Mau generates large quantities of shrimp heads and shells during processing operations. In the past, these by-products were largely treated as waste, increasing production costs and posing potential environmental risks. However, thanks to advanced processing technologies, materials once considered waste are now being transformed into high-value products, creating a circular economy model within the seafood industry.
(seafood.vasep.com.vn) Vietnam Clean Seafood Corporation has invested in a 280-hectare super-intensive shrimp farming zone in Tran De Commune, Can Tho City, generating export value of approximately VND 3 billion per hectare per year—around 50 times higher than traditional agricultural production.
(vasep.com.vn) Vietnam’s seafood exports reached USD 1.02 billion in May 2026, up 0.6% year-on-year. Cumulative exports in the first five months of 2026 totaled USD 4.67 billion, an increase of 11% compared to the same period in 2025.
(seafood.vasep.com.vn) In a rapidly changing global seafood market, timely insights and reliable data are more critical than ever. The Report on Vietnam Seafood Exports in Q1/2026 provides a comprehensive overview of the latest developments in Vietnam’s seafood production, trade performance, and export trends, helping businesses navigate uncertainty and identify new growth opportunities.
(seafood.vasep.com.vn) While many major markets continue to experience slow growth, Russia has emerged as a brighter destination for Vietnamese tuna exports in early 2026. Export turnover to this market increased by nearly 55% in the first four months of the year, indicating a clear improvement in demand. Nevertheless, Russia remains a market that should be viewed with both optimism and caution.
(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.
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